TripAdvisor Inc (TRIP)
Cash ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,064,000 | 1,112,000 | 1,176,000 | 1,171,000 | 1,067,000 | 1,124,000 | 1,141,000 | 1,132,000 | 1,021,000 | 1,066,000 | 1,045,000 | 781,000 | 723,000 | 682,000 | 775,000 | 674,000 | 418,000 | 446,000 | 698,000 | 798,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 40,000 | 40,000 | — | — |
| Total current liabilities | US$ in thousands | 628,000 | 792,000 | 916,000 | 892,000 | 572,000 | 719,000 | 854,000 | 763,000 | 533,000 | 573,000 | 656,000 | 467,000 | 357,000 | 363,000 | 444,000 | 277,000 | 242,000 | 231,000 | 249,000 | 311,000 |
| Cash ratio | 1.69 | 1.40 | 1.28 | 1.31 | 1.87 | 1.56 | 1.34 | 1.48 | 1.92 | 1.86 | 1.59 | 1.67 | 2.03 | 1.88 | 1.75 | 2.43 | 1.89 | 2.10 | 2.80 | 2.57 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,064,000K
+ $—K)
÷ $628,000K
= 1.69
The cash ratio of TripAdvisor Inc, which measures the company's ability to cover its short-term obligations with its most liquid assets (cash and cash equivalents), has fluctuated over the periods provided.
From March 31, 2020, to December 31, 2024, the cash ratio ranged from a high of 2.80 to a low of 1.28. In general, a higher cash ratio indicates a company has more cash and cash equivalents relative to its current liabilities, suggesting a better ability to meet short-term obligations without relying on external financing.
TripAdvisor Inc's cash ratio peaked at 2.80 on June 30, 2020, suggesting a strong liquidity position at that time. However, the ratio declined over the subsequent periods, with some fluctuations along the way, reaching a low of 1.28 on June 30, 2024.
The decreasing trend of the cash ratio from 2020 to 2024 may indicate changes in the company's cash management practices, investment strategies, or operating performance affecting its ability to maintain a high level of liquidity over time. Investors and stakeholders may want to further investigate the reasons behind these fluctuations to assess the company's financial health and risk management practices.
Peer comparison
Dec 31, 2024